Michael Noonan

 

Michael Noonan, of Edgetraderplus, is a chart analyst with 30 years experience in the futures markets.  His focus is entirely on reading developing market activity in the form of price and volume, to better understand what the markets are saying coming from what is the best source of all information: the market itself. His website is http://edgetraderplus.com.

Michael Noonan Articles

Every once in a while, we reiterate the importance of knowing the trend. In fact, calling the trend the number one piece of information is vital. From it, everything else follows, in terms of knowing in which direction to base trade...
This week, we are ending our commentary portion, probably until January due to a pressing time commitment for the next several weeks. Starting from next week, we will post charts and chart comments only on this site. If you are not a...
There are two things we know for certain about gold and silver: 1. Fundamentals do not apply [currently], and 2. There are no signs to indicate an end to this half-decade old bear market.
As a proverbial picture [chart] is worth 1,000 words, we will let the charts speak for themselves…with observations and comments attached to each one. From our perspective, the charts are saying, irrespective of what anyone is reading or...
There are far bigger concerns about which Americans remain woefully unaware, even within the Precious Metals community. How much demand there is for silver coins, how low is the supply for silver in contradistinction to an insatiable...
Syria: An example why gold and silver have not rallied; and an example of why gold and silver ultimately will rally. As a side note, never in the history of the world has a fiat paper currency ever survived. Never before in history has...
There are two things about which everyone need be clear: 1. The lack of clarity of the identity of the global elites, aka Rothschilds and their ilk, who control the world’s money supply along with every government, and 2. The demise of...
To almost all Americans mentioning Ufa will bring a blank response. What is Ufa? None would ask, “Where is it?” for there has been no mention of it anywhere in the mainstream media. Does Ufa matter? Yes, but in this country it does not.
The events unfolding around the world, or perhaps better expressed, events unraveling at such a rapid and confusing pace can only be a prelude for the disastrous consequences that inevitably will follow. While it may be hard to reconcile...
Unlike government supplied statistics, which are always favorably skewed to misrepresent the lies being told, markets do not lie. Not even manipulated ones like the stock market, actually pick almost any market.
China is poised to become world's biggest gold consumer.

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